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Search Results 0 to 25 of about 26 (some duplicates have been removed)
to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the
to decline .1%. u.s. sales are seen falling by .8% while europe is expected to tick slightly higher. this was a big deal last month when they came out for their comps. it disappointed for the first time in years and years. people will be watching this number very closely to see if the consumer is still feeling good, to see if mcdonald's's managed to get that mix right. there were concerns that they put too many things on the dollar menu. they said last month they would be changing that. whole see what happened. shares of mcdonald's year-to-date, they have come down quite a bit. >> you only read two. why do i have to read this? >> i read three. >> weight watchers, possible cases of insider trading. reuters say i resemble this. reuters say authorities are investigating hedge fund for insider trading in weight watchers. s.a.t. had taken a sizable position in the stock. cohen fund briefly held 2.1 million shares under scrutiny by authorities. at which time the stock price roughly doubled. in other huj fund news, john paulson said friday that his funds experienced mixed returns in novemb
and putting it to work. the u.s. economy is simply much stronger than we thought just a few quarters ago. second, these deals show that there are ceos who are willing to give up or share their empires in order to make money for their shareholders. oh, cramer, these people are so rich. i know they're not sacrificing financially. that's not the point. the target ceos will all do well but these guys are empire builders. finally, even as the sale of the stock indicates in a symbolic way, these deals show the companies are listed -- that are listed themselves are often worth far more than they're currently trading for. that's not an aberration. it happening marketwide. think about it. we have a financial brokerage company, right, stocks and oil service company, a tech concern and an insurer's business bringing out value virtually overnight. here's the bottom line. we can be riveted and saddened by what's going on in washington or angry, the refusal of all politicians to rise above their milieu or we can be constructive and search for the opportunities that are right there in front of us, in m
. only utilities are going to finish in the red at this point. u.s. equity futures this hour, not too bad. if the cliff was -- just, you know, end of the world -- i mean, we did make it through that. i guess people are optimistic that we're all still here in the flesh. we don't know at this point whether the mayan me to you're -- the end of the world could have involved a zombie apocalypse. you wouldn't know at this point whether the first zombie was actually somewhere right now -- >> someone has to be the first zombie. >> someone has to be the first one. then it spreads slowly. and that's -- could have been like that. see, that's how i thought it would end if it ends. not with a comment. but i did have a roll of quarters in my pockets, ready to go. >> are zombies not immune to rolls of quarters? >> no, in case the guys outside the planet that runs into us -- >> it depends on what type of zombie you get. if you get the walking dead zombie, i think we could deal with. that they're quite slow. >> they're not upstairs -- >> if you get the zombies from -- from -- i'm forgetting the name of th
and rain across a good portion of the u.s. today. details on how it will affect your holiday travel, right after this. >> announcer: before the hit the road, here is your traveler's check. when employees head out on business travel, where are they spending their company's money? according to certify, an expense reporting company, their data revails that the most expensed airline, delta. and hotel? hilton. what is the most popular restaurant for employee expenses? find out, next. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsen
in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think the world has more possibility that your pen might change course as far as monitoring fiscal policy after the elections. but the japanese realize when you play with fire, you might end up burning down the house. jgb's nine times tier one capital, if they're not careful, they can trigger a run on jgb and the house base comes tumbling down. so i think actually the next government is tokyo will be a lot more cautious. i think the market is -- >> so we can get another huge disappointment. so everyone thinks the dollar/yen is finally going to go up, you can make money on the yen short and on the nike long and in a couple months, we realize that's not going to be the case? >> no. i think much more important for japan is the outcome of the fiscal cliff resolution. i think if the fiscal cliff resolution tushs out to be more, i think the yen will be one of the best performing currencies in the
to undo the cliff? the rating agencies, they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that the agencies are ridiculous. when our credit rating got downgraded last summer, well, bonds went up in price and down in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are? and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go higher and no one will care, for now. but he told us that's not going to happen, and he got re-elected. why doesn't the president get off the higher tax thing? what does it matter? it doesn't raise a lot of money. why didn't he just say that we're taking the social security to 68, cutting the military budget. the democrats will be committing political suicide and the republicans. that's why i was hoping that congress would rise above and figure out a more reasonable way to spend less and take in more money over time and get the budget deficit under con
not aid the u.s. in the iraqi war. it was a bad time. he has since said i apologize deeply for anyone who's offended. he realizes how well he's been embraced. he doesn't want to get that political anymore. >>> before we sent you off, you should be wearing a pig snout after what happened with your jants last month night. >> i know. i know. here's the thing. i owe you $20. >> is that it? >> i owe you $20 for the skins over the giants. >> he brought that up. >> can i tell you something, though? the most inclusive guy in washington today, other than the two of you, is without question kirk cousins. i mean, what? >> where did that come from? >> unbelievable. >> you talk about under pressure. >> he's hot today. >> he's like rg 4 that guy. >> the 20 is in the mail. >> channeling rg3. >>> it could be the biggest shipping day ever. still ahead, we'll tell you about the big difference this year that's keeping fedex on its toes. ♪ i don't know if i'm >>> and "the voice" brings on its final four tine. we'll tell you and why why else it could be such a big night in primetime. ♪ >>> two from team c
, family dreams frozen. >> thanks to a chilly relationship between the u.s. and russia, the future of a lot of children is hanging in the balance. so details on that, straight ahead. >>> "world news ♪ ♪ >>> welcome back, everyone. and welcome is what dozens of american families may not get the chance to do when it comes to children they're hoping to adopt from russia. >> russian president vladamir putin will sign a bill blocking americans from adopting russian children. >> reporter: when russia bans adoptions to the united states, this is who gets caught in the middle. an american mother and a 5 1/2-year-old orphan with spina bifida named paulina. a little girl who is already learning to count in english and tells her mommy she loves her. >> i love you, too. >> reporter: kendra skaggs and her husband last saw paulina a few days ago on a visit to her orphanage in moscow. now, with the love only a mother can feel, she worries what will happen to her daughter. >> i can't help her. i can't tell her i love her. so it's really hard. >> reporter: americans have adopted over 60,000 russian chil
. no prescription needed. wiesel t axelrod: there continue to be encouraging signs that the u.s. eausing market is recovering. government figures for november show the construction on new homes was up 21.6% from a year ago. in california, you may be surprised at who is buying. here's ben tracy. >> reporter: this is the busy time of year for you guys. >> absolutely. this is when all the grapes come ns. >> reporter: scott meadows runs salinas vineyards in california's napa valley. there's a good reason he put that american bald eagle on the , ttle. it seems kind of nationalistic. >> it does, doesn't it? that was a specific request from our owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending
serving senator in u.s. history, democrat senator inouye died from respiratory complications. president obama praised him calling inoue a true american hero. his staff says his final word was aloha. he was 88 years old. a great, as the president said, great american hero. the charleston post, south carolina governor, nikki haley, selects republican tim scott to replace out-going jim demint. the tea party will be switching and will become the first african-american senator ever from south carolina. >> "boston globe," taking new steps to speed up your check-in this holiday season. the elderly members of the military and other travelers deemed low risk will now be able to keep their shoes, jackets and belts on. the tsa has also expanded its pre-check trusted traveler program to 35 airports. >> those trusted travelers, t.j. >> and a look with "politico" playbook, jim vandyheim. >> there was some movement on the fiscal cliff talks. >> yes. i would say substantial movement where you can see the contours of a deal that can get done potentially pretty quick where the president is willing to say
. >>> and bracing for draco. the named winter storm is moving across the u.s., slamming a dozen states already and threatening to disrupt holiday travel in many, many more. it's thursday, december 20th. we've got one day left. enjoy. and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we h
the great recession with flying colors. about 30% of the dealers in the u.s. went under during the recession. isn't that extraordinary? but brunz week's dealer remained flat. they held in much better than the competition. they used the economic weakness to take share. plus the company took out $450 million in fixed costs during the downturn to come out even stronger than ever. that's the brunswick we're dealing with today. second, if higher taxes going forward mean there's slightly less demand for motorboats and fishing boats, you know what? i think that could be more than offset by the additional demand created by all those boats that sandy damaged or destroyed. and even before sandy, things were getting better for brunswick. over the last decade, the age of the average powerboat in the water has gone from 15 years old to 21 years old. wow! i thought cars at 11 years was a lot. that means there's a ton of pent-up replacement demand. we saw the same thing happen in the automobile market where the average car on the road got so old that it has led to a new surge. that's what that $15 million
looked out the day she said i think there is something when he was shown the design of the u.s.s. monitor because didn't get a ride in the nick of time to create the most famous naval engagement of the war? but i want to go beyond that because we have spent time in our time here at the historical society talking about that epic battle, that epic duel 150 years ago. but, he famously said it was the end of the wooden navy and the walls would fall after that, and then the guy that both of you right so much about in your books, and i think you both like camelot, not young or glamorous in his adventures. tell me what impresses you the most about the surrogate and then each of you has to tell me whether she really said it or he didn't say it. [laughter] >> the thing about surrogate, there are several things and i will start with a whole question of loyalty. one of the problems in 1861 when the war began as the officers enlisted them for that matter but in particular they had to decide whether loyalty laid. whether it was with the state or the national government and one clear difference in the
did today for my travel trust. we judge the u.s. economy to be strong. strong enough to survive a fall on a trampoline or deep pool. we think housing, autos, anything china related can be bought right here using weakness as an opportunity to buy and not sell as we work toward a deal. keep in mind that it might take until the super bowl when everyone by then would have seen the truncated paychecks and got to get a deal then. give them the failure of the government to rise up to a compromise on the cliff so far. you would expect a bigger sell-off today unless of course you recognize that a compromise is more easily reached in 2013 than 2012 and maybe a stopgap. if we wake for a kick the can deal, what's the point of selling? it's better to be a buyer instead of seller. compromise is far more likely than not despite last night's shenanigans. jack in florida, jack? >> caller: i read your book. i enjoyed it very much. >> thank you. >> caller: i'm following a sector rotation strategy with some of my investments. currently in the material sector. and hoping to catch more of the housing uprise
, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yeste
's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes,
in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to go against. i don't know how walgreen's can keep up. i will say this, though, the drug stores have been in secular share take mode from other stores, which is one reason why cvs was able to deliver such a strong number p. and i think walgreen's will show better numbers now that it's put its express scripts tiff behind it. moving over to cvs. that was really he helpful for cvs. there is only one issue to get my arms around here, the gigantic purchase of alliance boots. and whether walgreen's is swallowing more than it can chew. be ready for the heimlich
general motors buying $5.5 billion worth of stock from the u.s. government's t.a.r.p. program. and it was at a price $2 above where gm traded yesterday. that's right. we, the people, got a better deal than we could've ever hoped for just the day before. gm most likely would have been liquidated, putting more than 1 million people out of work. if the federal government hadn't bailed it out. nobody likes a bailout. people don't like to use the phrase bailout and the government isn't going to be made whole in this investment. i'm saying that point-blank. that's because it's so gigantic. the simple fact is also not only does gm exist, but it was capable of throwing off $5.5 billion to repay some of the t.a.r.p. investment. this thing was at death's door, now it's thriving, just like aig which also shouldn't have come back, but it did. those are two 2012 success stories that explain how robust corporate america really is and how unheralded that development is. what else? how about that the united states is producing more oil than any time in the last 17 years and producing enough t
's look at the "morning papers." "the washington post." the u.s. army will seek the death penalty against staff sergeant robert bells. his defense team says he shouldn't face the death penalty because he was serving his fourth deployment in a war zone. >>> "los angeles times." robert bork died of heart disease. he was solicitor general during watergate. he worked on romney's campaign as a senior judicial adviser. he was 85. >> "the san francisco chronicle," publicly voicing concerns over the new film "zero dark thirty." it tells the story of the hunt for osama bin laden and includes several graphic for tour seasons. the senators called the film "grossly inaccurate and misleading." they would. and said "there is a social and moral obligation to get the facts right," which "zero dark thirty" does. no editorial there. mark. >> "usa today," the air force is turning to espn and other video outlets to help manage its grow ing drones. it did not lead to technological breakthroughs but helped them develop new techniques. 325,000 hours of video material. >> and "the providence journal," 20-year-ol
are not as bad with fiscal cliff. china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones where there's natural buyers. as we just found out how good things are. it wasn't like we found out a month ago. we just found out last night. if they have resilience, the market is going to be more resilient than people think. if they give up the ghost, i think next week's going to be difficult, too. >> all right. we'll be wat
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Search Results 0 to 25 of about 26 (some duplicates have been removed)